FINRA has barred former MML Investor Services, LLC broker, Floyd Powell for failing to disclose to his firm that he sold unregistered promissory notes to 11 customers and received $104,000 in commissions as a result of the transactions.
FINRA has barred former MML Investor Services, LLC broker, Floyd Powell for failing to disclose to his firm that he sold unregistered promissory notes to 11 customers and received $104,000 in commissions as a result of the transactions.
According to the SEC, the CEO of Woodbridge Group of Companies, Robert Shapiro, has agreed to settle allegations against him that he defrauded investors in a $1.2 billion real estate Ponzi scheme that drove his company into bankruptcy.
An Oklahoma couple filed a lawsuit in federal court against the accounting firm, Gibson & Reynolds LLC alleging breach of fiduciary duty and negligence in supervising its employee who was also a Woodbridge Group of Companies, LLC (Woodbridge) sales agent.